On world politics, globalization, development, energy security, East Asia, Canadian foreign policy ...

Saturday, February 03, 2007

China oil demand growth ends strong 06 on modest note

On February 3, 2007, Dr. Wenran Jiang was interviewed by Reuters on China's oil imports growth in the year of 2006.

China's oil demand rose a modest 2.6 percent in December, the slowest rate since last January, but enough to bring full-year 2006 growth to nearly 8 percent despite official efforts to curb consumption and boost efficiency. Dr. Jiang commented that the government is "putting in a lot of effort, but good intentions may not produce all the results."